Fiscal Law
Who approves funds for a certain length of time?
Congress
What is the fund cite or lines of accounting known as?
Accounting Classification
What type of fund is not issued to a specific base; rather centrally managed at one location?
Centrally Managed Funds
What is the state of being prepared at all times to demonstrate process controls?
Audit Readiness
What rule states "requirements must be needed during the availability period"
The Bona Fide Need Rule
What is DEAMS (DFAS-LI) AAI/ADSN?
387700
What are the three time periods within an appropriation?
Active, Expired, Cancelled
What does the SWOT Analysis Acronym stand for?
Strength, Weakness, Opportunities, Threats
What Act prohibits spending money until you legally get it?
The Anti-Deficiency Act (ADA)
What is also known as the Data Dictionary?
Financial Management Data Quality Service (FMDQS)
What type of funds are provided by Congress & has limited life for obligations and expenditures?
Appropriated Funds
What is type of assurance does internal controls provide?
Reasonable Assurance
What were the Fiscal Law principles established by?
The Constitution, Article 1, Section 9
Who creates the PTEO based on information provided by Resource Advisors?
DFAS
What type of funds are NOT appropriated by Congress, used for primary sales of goods & services and support morale, welfare & recreation?
Non-appropriated Funds (NAF)
How many Statement of Assurance (SoA) are there and what are they?
3 SoA; Unmodified, Modified, Statement of No Assurance
Which Fiscal Law states" you cannot spend more money than appropriated for a given purpose"?
Amount
What do P.T.E.O stand for?
Project, Task, Expenditure Type, Organization
What type of funds is customer provided/congress authorized, typically for work performed in addition to normal mission work?
Reimbursable Funds
What internal audit agency report to SAF independent from chains of command?
The Air Force Audit Agency (AFAA)